Get ready for home internet prices to double
Been enjoying your reasonably-priced home internet connection recently? Don’t get too comfortable. US cable companies, led by Comcast, are all set to start increasing broadband prices dramatically, with price hikes of double current rates expected in the future.
That’s the conclusion of New Street Research and analyst Jonathan Chaplin, who released a new report that’s good news for the cable industry, and bad for anyone who doesn’t enjoy giving money to their local monopolist.